Yonatan describes his enthusiasm for the BlockDAG service
Initial full-length AMA here: https://youtu.be/BHF8KpTqdJw The cryptocurrency landscape is teeming with development, with each task competing to get rid of restrictions and provide special benefits. Kaspa tosses its hat into the ring as a Proof-of-Work (PoW) cryptocurrency with a twist: the GHOSTDAG procedure. This distinct function identifies Kaspa from its equivalents. Kaspa varies from standard blockchains by utilizing a blockDAG (directed acyclic chart). This enables blazing-fast deal speeds, with Kaspa presently processing a reported block per second. Image sending out a cryptocurrency payment and getting near-instant verification – that’s the speed Kaspa aims to attain. Speed isn’t the only video game in town. Security is of utmost significance in the world of cryptocurrency, and Kaspa is crafted to stand up to 51% attacks, a widespread concern. Kaspa supports a decentralized network, with an increasing number of miners and nodes, boosting security. Kaspa embodies the community-driven values of cryptocurrencies like Bitcoin and Litecoin. There is no main governance in Kaspa, and its launch was reasonable, without pre-mined coins or unique allotments for designers. This promotes trust and openness amongst the Kaspa neighborhood. With its focus on deal speed, scalability, and a protected, community-driven method, Kaspa sticks out as an appealing rival in the vibrant cryptocurrency landscape. Whether it will end up being the fastest and most scalable immediate verification deal layer constructed on a proof-of-work engine stays to be seen, however Kaspa is definitely a job to watch on. While this short article has actually offered a top-level summary of Kaspa’s capacity, remaining current on the most recent advancements is essential for any educated financier or crypto lover. If you’re trying to find in-depth analysis, technical conversations, and the most recent news about Kaspa, Kaspanews.net is a vital resource. This devoted news platform guarantees to keep you at the leading edge of the Kaspa discussion.
Kaspium is a new mobile wallet app that allows users to easily manage their Kaspa cryptocurrency on their Android or iOS devices. With Kaspium, users can send and receive $KAS with just a few taps on their phone screen.
The app features a user-friendly interface, support for multiple wallets, and a detailed transaction history. Users can also manage their addresses and authenticate their identity using their device’s biometric features. Additionally, Kaspium is compatible with the 24-word secret phrases used by the Kaspad CLI wallet.
It’s important to note that Kaspium is a non-custodial wallet, meaning that users are responsible for backing up their wallet’s secret phrase. This phrase is stored securely on the user’s device, and losing it could result in the loss of funds.
An APK pre-release test wallet for Android is currently available for download on GitHub, and an iOS TestFlight link is coming soon.
For more information, check out the original post on Kaspa’s website.
Get all the most recent cool Kaspa Merch – https://poolpartynodes.com/product-category/kaspa-clothing-shop/ In the world of cryptocurrency, development is plentiful as tasks contend to go beyond constraints and provide unique benefits. Kaspa goes into the fray as a Proof-of-Work (PoW) cryptocurrency with a special twist: the GHOSTDAG procedure. This twist is what sets Kaspa apart. Unlike standard blockchains, Kaspa makes use of a blockDAG (directed acyclic chart). As an outcome, Kaspa boasts lightning-fast deal speeds, supposedly processing a block per second. Think of sending out a crypto payment and having it validated nearly quickly– that’s the sort of speed Kaspa is going for. Speed isn’t the only video game in town. Worldwide of cryptocurrency, security is critical, and Kaspa is crafted to withstand 51% attacks, a typical risk. Kaspa supports a decentralized network, with an increasing number of miners and nodes, boosting security. The job represents the community-driven principles of cryptocurrencies such as Bitcoin and Litecoin. There is no main governance in Kaspa, and its launch was reasonable, without pre-mined coins or unique allowances for designers. Such practices cultivate trust and openness within the Kaspa neighborhood. With its focus on deal speed, scalability, and a safe and secure, community-driven technique, Kaspa sticks out as an interesting rival in the vibrant cryptocurrency landscape. The concern of whether it will end up being the fastest and most scalable immediate verification deal layer constructed on a proof-of-work engine stays unanswered, however Kaspa is absolutely a job deserving of attention. While this post has actually offered a top-level summary of Kaspa’s capacity, remaining current on the current advancements is vital for any educated financier or crypto lover. If you’re searching for in-depth analysis, technical conversations, and the most recent news about Kaspa, Kaspanews.net is a vital resource. This specialized news platform promises to keep you upgraded on all things Kaspa, guaranteeing you remain ahead of the curve.
The founder of DAGKnight, Yonatan, recently shared his thoughts on the funding pool being filled for the project. He expressed his surprise at the proposal being accepted so quickly and acknowledged the support from the community, including dolphins and whales who contributed to the funding.
Yonatan emphasized the responsibility he and his team feel to deliver on the expectations of the contributors, who have already invested their funds. He stated that they are making necessary arrangements to focus on the project and are confident in its success.
The DAGKnight white paper is available for those interested in learning more about the project. More information can be found on Kaspa’s website.
The Kaspa community is thrilled to announce the launch of a fundraising campaign to support the development of the DAGKnight protocol. The protocol is a groundbreaking innovation that promises to make Kaspa faster and more secure than ever before.
With DAGKnight, Kaspa will require fewer confirmations for transactions to be considered secure, and the network will be able to scale naturally as internet speeds increase over time. This positions Kaspa as the ultimate proof-of-work coin in the market.
The fundraising goal is set at 70 million Kaspa coins, which will go towards compensating two highly skilled software engineers for their full-time work on the project for nearly a year. The engineers have chosen to be paid in Kaspa coins, a bullish sign for the currency’s future.
Donors are encouraged to contribute 1% to 2% of their Kaspa holdings to reach the target amount. For those who prefer to donate in USDT, there are addresses available for BEP-20, TRC-20, Ethereum, and Matic chains.
The DAGKnight White Paper 2022 is available for those who want to learn more about the project. The fundraising campaign is a chance for Kaspa holders to invest in the future of the coin and potentially see significant returns as the protocol is implemented.
For more information on the DAGKnight Protocol Community CrowdFund, visit Kaspa.org.
In a recent article titled “Kaspa where to (Part III)” published on Kaspa’s website, Yonatan Sompolinsky shares his thoughts on the development funding models and sustainability for the Kaspa protocol. He discusses various operation modes for working on the protocol, including a “weekend project” approach with no financial incentive, receiving a grant from the community in exchange for code contributions, and finding a for-profit enterprise to further develop the kernel.
Sompolinsky also mentions a grant proposal for 70 MKAS, which is approximately 0.5% of the circulating supply, to support the continued development of the DAGKNIGHT (DK) protocol. He compares this to a previous grant of 100 MKAS, which was around 1% of the circulating supply at the time.
The article also touches on the concept of a “gift culture” in open-source development and the potential for long-term sustainability through a symbiotic relationship with a for-profit entity.
In summary, Sompolinsky presents different options for funding and sustaining the development of the Kaspa protocol and expresses his hope that his own biases do not influence his thought process too much.
